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This smart whale has a good timing for BTC local highs, and still has ₿25k left behind

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This smart whale has a good timing for BTC local highs, and still has ₿25k left behind

This smart whale has a good timing for BTC local highs, and still has ₿25k left behind — after depositing (probably selling) ₿15,038 since JAN/2023.

Considering its DCA of $19,267/btc from 2022 (for a total of ₿38k), and its average deposits price of $26,956 (for a total of ₿15k), according to Lookonchain; this BitcoinWhale could have profited $7,689/btc (~40%), for a total of ~$115.6M.

The deposits:

  • JAN 30: 5,000 BTC;
  • MAR 15: 2,500 BTC;
  • APR 11: 2,000 BTC;
  • JULY 19: 4,451 BTC;
  • JULY 25: 1,087 BTC.

https://preview.redd.it/af1sxhqru5eb1.jpg?1873&format=pjpg&auto=webp&s=41342d472eee8fd04028d78d5f3ab3fb22c6b977

All the deposits were made to a Binance account, but the withdrawals were made from both Binance and Huobi.

submitted by /u/vinibarbosa
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